Formas ApS

CVR number: 36689056
Center Boulevard 5, 2300 København S

Credit rating

Company information

Official name
Formas ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Formas ApS

Formas ApS (CVR number: 36689056) is a company from KØBENHAVN. The company recorded a gross profit of -18.2 kDKK in 2023. The operating profit was -18.2 kDKK, while net earnings were -146.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Formas ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-22.07-18.77-17.61-52.97-18.19
EBIT-22.26-18.77-17.61-52.97-18.19
Net earnings54.52398.10621.17639.50- 146.27
Shareholders equity total2 323.031 721.132 342.302 981.802 835.53
Balance sheet total (assets)4 291.904 782.795 487.976 285.254 700.86
Net debt1 844.742 880.152 566.392 134.831 594.37
Profitability
EBIT-%
ROA3.8 %12.7 %16.1 %16.1 %-0.3 %
ROE2.0 %19.7 %30.6 %24.0 %-5.0 %
ROI4.0 %13.0 %16.6 %16.6 %-0.3 %
Economic value added (EVA)- 172.77- 129.25-97.76- 137.05- 125.05
Solvency
Equity ratio54.1 %36.0 %42.7 %47.4 %60.3 %
Gearing80.6 %170.2 %127.6 %104.2 %64.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.61.71.92.5
Current ratio2.21.61.71.92.5
Cash and cash equivalents27.6049.93421.46972.31220.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.26%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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